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Voluntary update - credit rating

Published: 2022-08-23 11:15:39 ET
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OMNIA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1967/003680/06)
JSE code: OMN
LEI NUMBER: 529900T6L5CEOP1PNP91
ISIN: ZAE000005153
(“Omnia” or the “Company” or the “Group”)


VOLUNTARY UPDATE – CREDIT RATING



Omnia is pleased to inform stakeholders that GCR Ratings ("GCR") has affirmed Omnia's long and short-
term national scale issuer ratings at A(ZA) and A1(ZA) respectively, with the outlook upgraded from Stable
to Positive. The rating upgrade reflects GCR’s view that Omnia’s earnings profile will continue to improve
over the next two years and that the Company’s conservative capital management policies will sustain very
strong credit metrics.
The report also highlights the following elements of Omnia’s investment case:
• Strong competitiveness underpinned by proprietary technologies, modernised production processes,
  improved supply chain control and varying degrees of integration of manufacturing capabilities across
  business segments;
• Diversification across geographies and end-markets;
• The Group is a leading regional producer and supplier of nitrogen-based fertilizers in Africa, complemented
  by a growing market presence in agricultural biological products globally; and
• The Group is one of the leading manufacturers of mining explosives in Africa for various underground and
  surface applications.
Seelan Gobalsamy, Chief Executive Officer of Omnia, said: “This latest rating affirms Omnia’s continued
strategy execution and value creation for stakeholders over the last three years. As we stabilised and renewed
the company, improvements in our financial position and operational resilience have lifted our credit profile
and rating. We continue to closely manage our capital and liquidity, particularly in the current volatile
economic and trading environment.”


GCR’s full report is available at https://gcrratings.com/announcements/gcr-affirms-omnias-long-term-issuer-
rating-at-aza-with-outlook-revised-to-positive-on-stronger-earnings-expectations/ or Omnia’s Investor
Relations office at omniaIR@omnia.co.za.


Johannesburg
23 August 2022


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